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FCAL vs CALI

First Trust California Municipal High Income ETF vs iShares Short-Term California Muni Active ETF

FCAL

First Trust California Municipal High Income ETF

Annual cost

0.49%

Fund size

$220M

CALI

iShares Short-Term California Muni Active ETF

Annual cost

0.20%

Fund size

$361M

Key differences

Both FCAL and CALI are fixed income ETFs. FCAL charges 0.49% a year and CALI 0.20%. The main difference: CALI costs 0.29% less per year.

  • CALI costs 0.29% less per year.
  • FCAL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FCALCALI
Annual cost (TER)0.49%0.20%
Fund size (AUM)$220M$361M
Since20172023
Dividend yield3.33%2.54%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+7.0%+2.9%
CAGR 3Y+3.7%N/A
CAGR 5Y+0.7%N/A
Sharpe 3Y0.03N/A
Volatility 1Y2.70%0.76%
Max drawdown-14.81%-0.78%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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